Category Archive: 3) Swiss Markets and News

Main Author Investec
Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia, as well as certain other geographies. Investec’s strategic goals are motivated by the desire to develop an efficient and integrated business on an international scale through the active pursuit of clearly established core competencies in the group’s principal business areas.
My articlesMy siteAbout meMy books
Follow on:LinkedINTwitterAmazon
Filter archive by: Show All Show only Articles Show only Videos

Why a village made it easy for foreigners to become Swiss

2018-06-28

by

There’s something special about the small village of Schelten: only 36 people live there, but it is the ‘Heimat’ or place of origin for almost 3000 people, scattered across the globe. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss …

Read More »

EU Unemployment Rule change could cost Switzerland dearly

2018-06-27

by

2018-06-27

Currently, across EU and EFTA countries, unemployment benefits are paid by the country of residence. Last week, the EU announced plans to make the country of employment pay unemployment benefits instead. This change could be costly for Swiss cantons with large numbers of cross-border workers, workers who live in the EU but work in Switzerland.

Read More »

One national team, split loyalties?

2018-06-27

by

Nouvo brings you short videos about Switzerland, Swiss current affairs and the wider world. Keep up to date and watch the videos wherever you are, whenever you like. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international …

Read More »

Nearly 1 in 20 in Switzerland are millionaires, according wealth to report

2018-06-26

by

2018-06-26

The 2017, a wealth report, published by Capgemini, shows there were 389,000 US$ millionaires in Switzerland, around 4.5% of the population, or close to 1 in 20. If children under the age of 15 are excluded, Switzerland’s millionaire percentage rises to 7.3%. In addition, these figures include only investable wealth, which does not include the value of family homes.

Read More »

Open-air museum Ballenberg’s difficult anniversary

2018-06-26

by

In its 40th anniversary year, the Ballenberg open-air museum in canton Bern has been beset by financial problems and is struggling to cope with a drastic decline in visitor numbers. (SRF/swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss …

Read More »

Why do ethnic Albanians do the double-headed eagle?

2018-06-26

by

Tama Vakeesan was born in Switzerland – to Tamil parents from Sri Lanka. Sometimes it’s hard for Tama and her friends of different ethnic origins to stay true to family traditions. She asks Arjeta what being an ethnic Albanian means to her. (SRF Kulturplatz/swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation …

Read More »

Why Switzerland is interested in polar research

2018-06-26

by

Leading Swiss researcher, Thomas Stocker, says the latest ice core samples from Greenland show how quickly the climate can change. (SRF, swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and …

Read More »

Strikes mooted over construction retirement age

2018-06-25

by

2018-06-25

Unions on Friday threatened warning strikes for the building sector this autumn if the current retirement age of 60 for construction workers is dropped. At a press conference on Friday, Switzerland’s biggest trade union Unia, and the union Syna called for early retirement, as well as more worker protection and less temporary work on sites.

Read More »

‘Cryptocurrencies too primitive for national money’: SNB director

2018-06-24

by

2018-06-24

Cryptocurrencies and the blockchain technology they run on are currently far too primitive for the Swiss central bank to consider issuing a digital franc, says board director Thomas Moser. Moser’s comments on Thursday reflected the previously stated stance taken by the Swiss National Bank (SNB) towards an e-franc version of bitcoin.

Read More »

Executives still paid exorbitant salaries at big Swiss firms

2018-06-23

by

2018-06-23

The gap between the top-paid and least-paid employees of the 39 largest companies in Switzerland remains high, despite a 2013 vote against excessive executive pay. According to Switzerland's largest trade union, Unia, in 2017 the average ratio between top and bottom in these companies was 1:143.

Read More »

Swiss residential property risks growing in buy to let, according to Swiss National Bank

2018-06-22

by

2018-06-22

On 21 June 2018, the Swiss National Bank (SNB) announced its decision on interest rates, which it left unchanged. Switzerland’s economy has been sailing into the headwinds of a strong currency since the SNB scrapped its exchange rate cap in January 2015 and the Swiss franc briefly went beyond parity with the euro.

Read More »

Switzerland has most expensive food and drinks in Europe

2018-06-22

by

2018-06-22

Switzerland has been ranked the second-most expensive European country behind Iceland for consumer goods, which are 59% higher than the European Union average. Food and non-alcoholic drinks are particularly pricey.

Read More »

Thomas Jordan, SNB

2018-06-21

by

Die SNB hält an ihrer bisherigen Geldpolitik fest. Im cash-Video-Interview sagt Präsident Thomas Jordan, weshalb die Negativzinsen weiter notwendig sind und welche Ereignisse den Franken beeinflussen könnten.

Read More »

Driving licence loses attraction for young Swiss

2018-06-21

by

2018-06-21

The number of people who applied for a Swiss driving licence dropped by 2% last year, with applications from 18- to 24-year-olds down 3%. Some 5.8 million people owned a driving licence for cars in 2017, the Federal Roads Officeexternal link said on Tuesday. This 1% increase was due not only to new drivers but also to foreign licences being exchanged for Swiss ones and natural population growth, it explained.

Read More »

Dave Dudding. Columbia Threadneedle

2018-06-20

by

David Dudding ist einer der wichtigsten Fondsmanager von Columbia Threadneedle. Trotz der Kursschwäche steht er auf die drei Schwergewichte im Swiss Market Index. Im cash-Video-Interview sagt er, warum.

Read More »

The price of solidarity – Switzerland’s inter-cantonal payments for 2019

2018-06-20

by

2018-06-20

Switzerland - inter cantonal transfers in 2019 - CHF 000s
In Switzerland, much in life revolves around the canton. Cantons have their own health, social and education systems, parliaments and tax rates. Federal government, based in Bern, is a layer that sits over the top, bringing the cantons together as Switzerland.

Read More »

Rail workers stand against proposed cuts

2018-06-19

by

2018-06-19

Some 1,400 rail workers took to the streets across the country on Monday to protest a package of cuts and reforms planned by the Swiss Federal Railways. The demonstrations, called for by the Union for public transport workers (SEV), were spread across several Swiss cities: Geneva, Lausanne, Olten, Bern, and Zurich, where the largest event brought together about 350 workers in the late afternoon.

Read More »

Swiss Offshore Wealth Management Sector still World’s Largest by far

2018-06-18

by

2018-06-18

Wealth-management-Switzerland
A report by The Boston Consulting Group highlights the size of Switzerland’s personal offshore wealth management sector. Total personal offshore wealth grew by 6% to reach US$8.2 trillion in 2017. US$2.3 trillion (28%) of this was managed in Switzerland. The top three offshore centres: Switzerland ($2.3 trillion), Hong Kong ($1.1 trillion) and Singapore ($0.9 trillion) made up more than half (52%) of the total.

Read More »

Switzerland remains biggest offshore wealth centre

2018-06-17

by

2018-06-17

The stock market boom boosted personal financial wealth around the globe by 12% last year – to the benefit of Switzerland. It is still the world’s biggest centre for managing offshore wealth at $2.3 trillion (CHF2.3 trillion). Figures revealed in a Boston Consulting Group report published on Thursday put the country ahead of Hong Kong ($1.1 trillion) and Singapore ($900 billion). The Swiss sum is the equivalent of almost one third of all global...

Read More »

Swiss Unemployment Continues to Fall

2018-06-16

by

2018-06-16

Swiss-unemployment
The number of registered unemployed in Switzerland dropped by 9% in May 2018 to a rate of 2.4%, down from 2.7% in April, according to a report by the State Secretariat for Economic Affairs (SECO). The rate in May 2018 was 22% lower than in May 2017.

Read More »